Global Agricultural Microbials Market is expected to rise from its initial estimated value of USD 3.54 billion in 2018 to an estimated value of USD 10.10 billion by 2026, registering a CAGR of 14.02% during the forecast period of 2019-2026.
Global Agricultural Microbials Market Type (Bacteria, Fungi, Viruses, Protozoa), Function (Crop protection, Soil amendment), Crop Type (Cereals & grains, Oilseeds & pulses, Fruits & vegetables, Other crops), Applications (Seed treatment, Soil treatment, Foliar spray, Post-harvest), Formulation (Liquid, Dry), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
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Agricultural microbials are referred to organisms, primarily fungi, viruses, bacteria and protozoa. These agricultural microbials helps in preventing the loss of necessary nutrients such as potassium, nitrogen, phosphorous and Sulphur so as to improve the soil quality. They also help to increase the crop productivity by limiting the plant diseases.
This report provides a radical transient on the study for Agricultural Microbials market and the way it’s remodeling the Agricultural Microbials industry. The Agricultural Microbials report includes brief market result Factors Analysis by Technology Substitutes Threat, Progress/Risk, Technology Progress in connected Industry. Agricultural Microbials market report presents producing analysis, value Structure, Expenses and method Analysis of Agricultural Microbials.
Global agricultural microbials market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of agricultural microbials market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Table of Contents:
Section 1-Methodology and Scope
Section 2-Overview of Agricultural Microbials Market
Section 3-Agricultural Microbials Market Dynamics
Section 4-Market Competition Latest News and Agricultural Microbials Market Trend
Section 5-Sales Channel, Distributors, Traders and Dealers
Section 6-Agricultural Microbials Market Positioning
Section 7-Research Findings and Conclusion
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Key Market Competitors:
Few of the major competitors currently working in the global agricultural microbials market are Bayer AG, Syngenta, BASF SE, DowDuPont, Certis USA LLC, Marrone Bio Innovations, Valent BioSciences LLC, Arysta LifeScience Corporation, Koppert B.V., Sumitomo Chemical Co. Ltd., ChemChina, Chr. Hansen Holding A/S, LALLEMAND Inc.., Verdesian Life Sciences, Indigo Ag Inc., Precision Laboratories LLC, GSFC, Novozymes, Isagro and Monsanto Company.
Key Developments in the Market:
- In March 2018, Syngenta entered into an agreement for acquiring Strider which is a Brazilian AgTech company. This strategy would reinforce the Syngenta’s digital agricultural vision.
- In September 2017, Ginkgo Bioworks and Bayer CropScience AGteamed up for focusing on the growth of plant microbiome by making nitrogen fertilizer available for plants.
What are the Agricultural Microbial market factors that are explained in the report?
- Market dynamics: The report shows the prospect of the numerous commercial opportunities over the future years and the positive revenue estimates for the upcoming years. It also studies the key markets and the mentions the several regions i.e. the geographical spread of the industry.
- Competitive Market Share: The Agricultural Microbial market report offers a whole estimation of the market. It does so through in-intensity qualitative perceptions, recorded perceptions, and future predictions. The forecasts included in the report had been founded employing recognized research assumptions and procedures.
- Goal of The Agricultural Microbial Market Report: The central goal of this research study is to offer a clear picture and a better understanding of the market for research report to the manufacturers, traders, and the suppliers operational in it. The readers can gain a deep insight into this market from this piece of information that can enable them to convey and develop critical approaches for the further growth of their businesses.
Market Drivers & Restraints:
- Increasing number of organic farming techniques is driving the market growth
- Target specificity related with microbial pesticides is also expected to boost the market growth
- Lower shelf life of microbes is expected to restrain the market demand
- Lower adoption rate and high application costs of microbial is also expected to hamper the market growth
- Bacteria: – Bacillus spp., Rhizobium spp. & Others, Enterobacteriaceae, Pasteuria, Streptomyces
- Fungi: – Trichoderma spp., Mycorrhizae & Others, Penicillium, Aspergillus, Lecanicillium
- Crop protection: – Biofungicides, Bioinsecticides, Bioherbicides,Bionematicides & Others, iomolluscicides, Bioacaricides, Biorodenticides,
- Soil amendment: -Biofertilizers, Biostimulants
By Crop Type
- Cereals & grains
- Oilseeds & pulses
- Fruits & vegetables
- Other crops
- Sugar crops
- Seed treatment
- Soil treatment
- Foliar spray
- North America: -U.S., Canada, Mexico
- South America: – Brazil, Argentina, Rest of South America
- Europe: -Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Belgium,Netherlands, Switzerland, Rest of Europe
- Asia-Pacific: -Japan, China, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia,Philippines, Rest of Asia Pacific
- Middle East & Africa: -South Africa, Egypt, Saudi Arabia, United Arab Emirates,Israel, Rest of Middle East & Africa,
Agricultural microbials are manufactured from naturally happening microorganisms such as fungi and bacteria. It improves efficiency and fertility of the plant. Agricultural microbial products provide feasible and cost effective solutions to boost plant yield.
These are usually useful to seeds or sprinkle on crops to save them from pests and diseases. By Geography, Asia Pacific is anticipated to grow at a highest CAGR during the forecast period due to the increasing production of tropical and sub-tropical vegetables and fruits will boost regional growth of the market. Countries such as China and India are expected to growth of the market due to the growing demand for food.”
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